Coventry have announced an intermediary update which is available below. Coventry and Godiva products are available through our direct to lender mortgage club so contact our team to find out how we can help you and our business with our mortgage support.
BTL reference rates reduced
We’ve reduced our BTL reference rates, so that your BTL clients may have the opportunity to borrow more.
Updated criteria
Remember, our BTL affordability is only based on the applicable ICR calculation, with no minimum income requirements.
And for selected remortgages your clients have the option to choose between cashback or our RMTS.
For more information on the changes we’ve made visit our website.